Suppose a company has 11 employees, 1 earning $160,000, 2 earning $120,000, 3 earning $60,000, 4 earning $40,000, and 1 earning $32,000. What is the mode of the salaries?
A)$40,000
B)$59,273
C)$60,000
D)$82,400
E)$160,000

Question

Suppose a company has 11 employees, 1 earning $160,000, 2 earning $120,000, 3 earning $60,000, 4 earning $40,000, and 1 earning $32,000. What is the mode of the salaries? ​
A)$40,000
B)$59,273
C)$60,000
D)$82,400
E)$160,000

Quizplus · Accepted Answer

The mode is the value that appears most frequently in a data set. In this case, $40,000 is the salary that appears most frequently, with 4 employees earning that amount.

Suppose a Company Has 11 Employees, 1 Earning $160,000, 2